Rossendale, a public limited company, has two business segments that are reported separately in its financial statements. The segments are “machinery” and “investment and insurance.” In its management accounts, the company reports four different divisional results. The four divisions are machinery leasing, machinery sales, investments, and insurance. The results of the segments and the divisions follow:
Segment information at May 31, 20X4: Rossendale
|
External |
Internal |
result(profit/loss) |
Segment assets |
Segment liebilities |
|
|
$m |
$m |
$m |
$m |
$m |
|
|
Machinery: |
|||||
|
Leasing |
$180 |
20 |
32 |
194 |
50 |
|
Sales |
110 |
15 |
4 |
24 |
22 |
|
Financial statements disclosure amount |
200 |
35 |
28 |
218 |
72 |
|
Investment and insurance: |
|||||
|
Investment |
120 |
130 |
80 |
192 |
65 |
|
Insurance |
60 |
8 |
(53) |
116 |
95 |
|
Financial statements disclosure amount |
180 |
138 |
27 |
308 |
160 |
|
Total |
470 |
173 |
55 |
526 |
232 |
How would Rossendale report its segment information under IAS 14 as of its year end of May 31, 20X4?